Ultimate guide on how to transfer
Bitcoin from BitBay to Gatecoin

Step by step overview on how to withdraw Bitcoin from BitBay

To withdraw Bitcoin from BitBay, one must have a verified account first. Either, you take out some Bitcoin or Fiat money, the process at BitBay is straightforward and easy to follow. There’s also an option to withdraw from an ATM.

Today, we will show you how to withdraw Bitcoin from your BitBay account with ease and comfort.

  1. Withdraw Bitcoin from BitBay
  2. Withdraw Fiat money from BitBay

Let’s log-in to your account first by going to the log-in page.

Type in your registered email address and click Log In.

how to login on BitBay new

Next, enter your password on the field provided and hit Log In again.

how to login on BitBay

If you were able to set 2FA on BitBay, you would have to provide a 6-digit code. Get this from the Authenticator app and after entering click Log In.

how to login on BitBay

Once signed in, go to the ‘Wallets’ section which you can find on the left side of the page.

how to withdraw funds from BitBay

1. Withdraw Bitcoin from your BitBay account

To withdraw Bitcoin from BitBay click ‘Withdrawal’ on the right side and select a cryptocurrency from the list. In this example, we will use BTC.

how to withdraw Bitcoin from BitBay

Enter your withdrawal amount, the address you wish to transfer the funds, and your comment. All information you enter must be correct to avoid errors. Click the ‘Pay Out’ button to proceed.

how to withdraw Bitcoin from BitBay

Nice work! You have withdrawn Bitcoin from BitBay.

 

2. Withdraw Fiat money from your BitBay account

If you wish to withdraw Fiat money from your BitBay account, the steps below will help you achieve this process.

Still, from the ‘Wallets’ section click on ‘Withdrawal’ from the options on the right and select the currency you want to withdraw.

how to withdraw fiat money from BitBay

On the next page, click on Bank transfer.

how to withdraw fiat money from BitBay

Enter all the information that the system requires and click the ‘Withdraw’ button to proceed.

how to withdraw fiat money from BitBay

The system will send an authorization code to your email. Open your email to retrieve this code.

how to withdraw fiat money from BitBay

Copy the authorization code from the email just like the one you see below.

how to withdraw fiat money from BitBay

Paste the code on the box and hit Confirm. The transfer may take up to two business days.

how to withdraw fiat money from BitBay

There’s also an option to withdraw funds from an ATM as long as you’re physically in Poland and own a polish phone number.

To do this select PLN from the list of currencies and click ATM withdrawal.

how to withdraw fiat money from BitBay

Provide the amount that you intend to withdraw, your polish phone number and click the ‘Withdraw’ button.

how to withdraw fiat money from BitBay

Just like withdrawal through bank transfer, you will also need to access your email to get the authorization code. Do the same step by entering the code into the box and hit on Confirm. After 30 minutes from the time you made the request, you will receive an email with a PIN number and a code through SMS. Save this and go to the nearest ATM. Follow the steps found via this link to get your funds from an ATM.

Note: SMS code is only valid for 48 hours.

how to withdraw fiat money from BitBay

To check or view your withdrawal, go to the History section and click Deposits/Withdrawals.

how to view deposit or withdrawal on BitBayYou did it! You have made your first Fiat money withdrawal from BitBay.

Step by step overview on how to deposit Bitcoin on Gatecoin

With Gatecoin, you can deposit cryptocurrencies like Bitcoin as well as Fiat money.

Here are the steps on how to deposit funds on your registered and confirmed Gatecoin account:

  1. Deposit Bitcoin on Gatecoin
  2. Deposit Fiat money on Gatecoin

Click here to open the exchange site.

Log in using the email address and password you’ve filed for Gatecoin.

gatecoin_deposit

Once you’re logged in, you can see different menus on the left side of the page. Click on ‘Deposit’ which is the fifth option from the top.

gatecoin_deposit

1. Deposit Bitcoin on your Gatecoin account

For Bitcoin deposit, go to ‘Deposit Funds’ and click on your Bitcoin. In this example, we are using BTC.

Right below the currency options is the deposit address.

gatecoin_deposit

You can either copy the current deposit address or generate a new one. Scan the QR code and type in the numbers or copy the address using the external Bitcoin wallet that holds the Bitcoin you want to deposit. Send the transaction to continue.

It is a must to copy the correct address before submitting the transaction. Otherwise, you may lose control of your Bitcoin as it can no longer be reverted.

Bitcoin funds should be available after six confirmations. You will see your recent and previous deposit transactions by clicking on ‘History.’

Excellent! You have deposited Bitcoin on your Gatecoin account.

 

2. Deposit Fiat money on your Gatecoin account

For Fiat money deposit, go to ‘Deposit Funds’ and select HKD/USD/EUR as well as your location. We are using USD in this example.

gatecoin_deposit You will then see Gatecoin’s bank account details and instructions for you to process an e-banking or wire transfer depending on your location. After sending the transfer, upload the receipt of the transaction in your Gatecoin account under “Submit” next to “Instructions.”

Fill out the information correctly as it is shown on the account statement. You are also required to attach a screenshot of the online banking payment confirmation message. Gatecoin’s service provider will not issue the funds if the needed information is not provided.

The bank transfer takes up to two business days. You will see your recent and previous deposit transactions by clicking on ‘History.’

Fantastic! You have deposited Fiat money on your Gatecoin account.

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